Author: Crypto News

Last updated: May 15, 2024 11:56 EDT | 2 min read Louis-Vuitton (LVMH) owned wine producer Château d’Esclans and spirits-focused blockchain marketplace BlockBar launched an NFT edition of the wine maker’s famed Garrus rosé on Monday.“Château d’Esclans is making history with the first-ever sale of a barrel of Garrus using our new innovative leaderboard technology, exclusively on BlockBar,” the wine and spirits NFT platform’s announcement read. “As the first rosé on BlockBar, this single barrel is presented to wine collectors and aficionados who have the opportunity to purchase a quarter barrel (equivalent to 150 L = 200 x 750ML bottles)…

Last updated: May 15, 2024 11:33 EDT | 2 min read Mercedes-Benz NXT, the German automotive giant’s Web3 arm, is launching a new non-fungible token (NFT) collection in partnership with Mojito, a suite for creating NFT marketplaces.The collection is called ‘The Era of Technology’ and is the second of seven eras in the company’s ‘Icon’ series.A limited supply of 780 exclusive collectibles will launch on May 21 at 18:00 CET.The mint will be open for seven days, until May 28.Notably, the team said that due to regulatory and taxation requirements, only collectors from the EU, Australia, Brazil, Japan, Singapore, South…

Last updated: May 15, 2024 09:19 EDT | 4 min read Trending new Solana GameFi token Mega Dice ($DICE) has smashed through the $1 million milestone in its ongoing presale.On sale at an initial price of $0.069, the $DICE presale price has today risen to $0.075, representing an 8.6% hike.Moving quickly now will secure buyers the lowest possible entry point for this much-talked-about presale. This significantly improves their chances of capturing a potential 100x return on investment or more. $DICE presale is targeting a soft cap minimum raise of $5 million.The team looks to the success of Rollbit ($RLB) as…

Last updated: May 15, 2024 08:33 EDT | 2 min read KuCoin has made the decision to suspend all naira-based peer-to-peer (P2P) trading in response to increased scrutiny from Nigeria’s regulatory authorities.The move comes three weeks after the country’s Securities and Exchange Commission (SEC) met with industry players and urged them to cease P2P trading activities.In a Wednesday blog post, KuCoin notified its users of the temporary suspension of P2P naira services and Fast Buy service via Naira card, stating that it is part of their ongoing efforts to enhance their services.The exchange’s decision to halt P2P trading is likely…

As the cornerstone event of the Berlin Blockchain Week, DappCon 2024 is set to feature an array of prominent speakers from across the Ethereum ecosystem15 May 2024 – DappCon, the leading developer conference for Ethereum infrastructure and Dapps today unveils its 2024 agenda. Hosted by Gnosis since 2018, DappCon 2024 will be held from the 21st to the 23rd of May this year at Radialsystem, in the heart of Berlin. Together with EthBerlin, DappCon is the flagship event of the Berlin Blockchain Week and will bring together over 900 builders from the Ethereum space including key decision-makers and thought leaders…

Last updated: May 15, 2024 07:30 EDT | 3 min read Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC.On May 14, around 10:30 pm UTC, Web3 security firm Cyvers detected an ongoing attack on Sonne Finance’s USD and Wrapped Ether (WETH) contracts, at the time they had only stolen $3 in cryptocurrency. 🚨ALERT📷We have detected an attack on @SonneFinance, $3 million have been stolen from their USDC and WETH contracts. Please contact us for more information. pic.twitter.com/tA4Heigfj7 — 🚨 Cyvers Alerts 🚨 (@CyversAlerts) May 14, 2024However, Sonne Finance only Became…

Last updated: May 15, 2024 05:27 EDT | 1 min read The Securities Commission Malaysia (SC), the country’s regulator, has approved the trading of the Worldcoin (WLD) token on digital asset exchanges recognized by the SC.Malaysia-based digital business solutions provider Cuscapi announced the move that its associate company MX Global received the approval on May 9, to facilitate trading of WLD token.In March 2022, MX Global had obtained an unspecified equity investment from cryptocurrency exchange Binance.The token joins as the 14th among the list of permitted digital assets to be traded in the country. Some of the permitted cryptos include…

Even a 20% slump in the price of Bitcoin cannot derail the train that is the pre-sale of BlastUP, the first launchpad on the billion-dollar rollup Blast. As the pre-sale is about to hit $6 million, and users have only 18 days left to buy $BLP. ETH could surge 30%, but rollup ecosystem tokens are a better opportunity – look at $BLPAfter rallying past the ATH pre-halving, BTC has finally provided crypto investors with a 20% dip – and some great discounted entries on altcoins. For those investors who believe that a Q3 rally is on the cards, now is the…

Last updated: May 15, 2024 04:11 EDT | 2 min read Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.According to a sentencing memorandum filed on Tuesday, Salame’s attorneys argue for a lighter sentence based on his cooperation with authorities and genuine remorse.During his time at FTX and Alameda, Salame was responsible for managing wire deposits and fiat currency conversions for FTX customers.He also participated in political contributions using Alameda funds and led charitable initiatives in the Bahamas.Salame’s Attorneys Say…

Last updated: May 15, 2024 03:13 EDT | 4 min read Bitcoin Price PredictionOn Wednesday, Bitcoin traded at $61,949, up 0.65%, as the Federal Reserve’s hawkish stance on interest rates impacted its price outlook. Concerns over inflation and higher interest rates have dampened investor sentiment toward cryptocurrencies.The recent US Producer Price Index (PPI) report, which met expectations, reinforced the anticipation of prolonged high interest rates. The upcoming Consumer Price Index (CPI) release will be closely watched for further insights.Fed’s Hawkish Stance and US PPI’s Impact on BTC PriceThe Federal Reserve’s hawkish stance on interest rates is significantly affecting Bitcoin’s price…